Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table. As the city-state continues to foster ...
Singapore net inflows hit $263.18m in 3Q23
The report covers the performance of all unit trusts and investment-linked insurance products (ILPs) included under the Central Provident Fund Investment Scheme (CPFIS) as of 30 September. According ...
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%. Singapore’s net interest margins (NIM) will peak in 2024 at 2% to 2.2%, according to S&P Global Ratings, with local banks’ lending ...
OCBC enables customers to lock money in their accounts
Locked funds cannot be used for payments, investments, and ATM withdrawals. OCBC Singapore customers will now be able to lock funds in their existing bank accounts with the OCBC Money Lock feature.
Singapore’s Keppel to buy Aermont Capital for $1 billion, expand into Europe
Singapore's Keppel Corporation on Wednesday (Nov 29) said its unit Keppel Capital Holdings will acquire all issued voting shares in European asset manager Aermont Capital in two tranches, for a ...
Shein IPO raises fresh questions on alleged forced labor in supply chain
As China-founded e-commerce behemoth Shein moves to list in New York, U.S. lawmakers are again calling on it to prove that forced labor is not used to make its $5 t-shirts and $10 sweaters. Shein ...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Keppel, backed by Singapore's state investment firm Temasek Holdings (TEM.UL), will finance the acquisition from various sources including unutilised banking facilities and internal cash resources, an ...
A Shein IPO will likely be one of the most contentious debuts in recent memory
Shein has plenty of enemies in Washington, D.C.—and they may throw a wrench in the company’s plans to go public.
Monetary Landscape of Singapore: Central Bank Chief Dismisses Role for Private Cryptocurrencies
The Chief of Singapore's central bank has unequivocally stated that private cryptocurrencies are unwelcome within the country's monetary framework ...
Wellington Management develops its Singapore wealth offering
Wellington Asia Quality Income Fund: The Wellington Asia Quality Income Fund, which is mainly involved in businesses that are based in or heavily engage in business in the Asia ex-Japan region, is ...
MOVES-Singapore bank OCBC appoints new chief for Hong Kong unit
Singapore's second-biggest lender by assets, said on Wednesday it had appointed Wang Ke as the chief executive of its Hong Kong unit, effective from Dec. 15. OCBC, which is also Southeast Asia's ...
Singapore’s M&L Healthcare sells new diabetes-related treatment to Nasdaq firm for $334 million
M&L Healthcare is a family-owned investment fund founded by shipping tycoon Michael Kum and his wife Lynda. Read more at straitstimes.com.
Nearly 8 in 10 of Singapore’s wealthiest investors will divest from non-sustainable firms
Financially abundant investors prioritise ESG and sustainability factors the most when investing. ESG has further climbed up the ladder of priorities of Singapore’s wealthiest or “financially abundant ...
Singapore-based think tank raises red flags on Maharlika
The Maharlika Investment Fund (MIF) has a “strong legal framework,” but has potential risks such as the possible misuse of funds and a lack of accountability, according ...
Income Investing: How A Consistent Income Stream Can Help Fight Inflation And Manage Market Volatility
Income investing can provide both a safety buffer and the opportunity for growth in an unpredictable and high-inflation environment.
Shein IPO Is In the Works: What You Need to Know
The initial public offering (IPO) world is buzzing on news Singapore-based fast-fashion retailer Shein has filed confidential paperwork to go public in the U.S. While details are sparse, reports ...